Brian4Liberty
09-25-2011, 10:37 AM
There was a Fareed Zakaria special report on CNN called "Restoring the American Dream: Getting Back to Work". Interesting special. A lot of the same old tired nonsense about re-training former factory workers to be brain surgeons in 6 months (intentional hyperbole to illustrate the essential gist of government retraining).
One interesting quote that would stand out to a Ron Paul supporter was Jeffery Immelt, Obama's Job Czar, and CEO of GE, saying that he tends to listen to the the Fed the most when it comes to the economy. That must be why he followed Alan Greenspan's advise many years ago and laid-off so many Americans and moved operations over-seas for cheap labor. Now he is taking advice from Bernanke? Don't worry America, we are in good hands. Obama, Immelt, Bernanke and Greenspan have a plan to, uh, uh, create, uh, wealth? No, a plan to create money! And give it to cronies! And deliver the bill to taxpayers! That's it! But they will call it "creating jobs" for PR purposes.
ZAKARIA: Looking forward, do you think that 2012 you're going to see a pickup in the economy more than -- because we're growing at about 2 percent now. We were projected to grow at 4 percent. Do you think we'll get back to those kind of levels?
IMMELT: You know, the Fed who I tend to listen to the most is -- you know, has talked out loud about growth being slower. More like the 2 percent. So it's going to be a grind it out economy. I think that's what everybody has to plan for. If it's better, fine. But that's -- you know, it is what it is. And that's what we al have to be prepared for.
http://transcripts.cnn.com/TRANSCRIPTS/1109/24/fzgps.01.html
One interesting quote that would stand out to a Ron Paul supporter was Jeffery Immelt, Obama's Job Czar, and CEO of GE, saying that he tends to listen to the the Fed the most when it comes to the economy. That must be why he followed Alan Greenspan's advise many years ago and laid-off so many Americans and moved operations over-seas for cheap labor. Now he is taking advice from Bernanke? Don't worry America, we are in good hands. Obama, Immelt, Bernanke and Greenspan have a plan to, uh, uh, create, uh, wealth? No, a plan to create money! And give it to cronies! And deliver the bill to taxpayers! That's it! But they will call it "creating jobs" for PR purposes.
ZAKARIA: Looking forward, do you think that 2012 you're going to see a pickup in the economy more than -- because we're growing at about 2 percent now. We were projected to grow at 4 percent. Do you think we'll get back to those kind of levels?
IMMELT: You know, the Fed who I tend to listen to the most is -- you know, has talked out loud about growth being slower. More like the 2 percent. So it's going to be a grind it out economy. I think that's what everybody has to plan for. If it's better, fine. But that's -- you know, it is what it is. And that's what we al have to be prepared for.
http://transcripts.cnn.com/TRANSCRIPTS/1109/24/fzgps.01.html